LeBron James isn't taking his talents anywhere this time, he's staying with Cleveland until at least the end of the 2018-19 NBA season after re-signing with his hometown franchise.
James, whose new three-year contract at the Cavaliers is believed to be worth $US100 million ($129.85 million), announced he would sign the deal via a video post on ESPN's social media channel Uninterrupted on Thursday.
![Sticking around: LeBron James.](/web/20160811232301im_/http://www.smh.com.au/content/dam/images/g/q/q/s/c/b/image.related.articleLeadwide.620x349.gqqrdx.png/1470956281013.jpg)
"I can't be more excited than this opportunity once again, man, to defend our crown, defend our title," James said.
The 31-year-old has previously only signed one-year deals with the NBA franchise over the past two years, however he has this time accepted a longer deal.
The deal will make James the highest-paid star in the NBA this season and after that he will become the highest paid of all time.
He will be paid $US31 million ($40.25 million) in the first season, before his salary is increased to more than $US33 million ($42.85 million) in the second, according to ESPN.
"We all know last year as a magical, inspiring - all the words you can come up with - it was an unbelievable season," he said.
"I just can't wait to get the group back together - the team, the franchise, more importantly, get everybody together, the fans."
James created headlines in 2010 when he announced he would be leaving Cleveland for Miami, before returning to his hometown in 2014.
LEBRON JAMES CAREER SNAPSHOT
Age: 31
NBA Games: 987
Points: 26,833 (11th all-time)
Teams: Cleveland Cavaliers (2004-2010, 2015-current), Miami Heat (2011-2014)
Titles: 2012, 2013, 2016
Achievements:
* 4xNBA MVP (2009, 2010, 2012, 2013)
* 12xNBA All-Star (2005-2016)
* 2xNBA All-Star game MVP (2006, 2008)
* NBA Rookie of the Year (2004)
* Cleveland Cavaliers all-time leading point-scorer.
* 2xOlympic champion (2008, 2012)
AAP
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